| bonzobanana said: This is the problem. People like you quite frankly. It doesn't take much effort to see the UK has large debts and a trading deficit we need to sort ourselves out financially before we can spend more money. Trying to push through austerity measures is trying to improve the debt situation but to people like you austerity is wrong and we just keep increasing debts. We need an electorate that frankly has some common sense. You don't spend what you haven't got. That's why all of us should be judging how a party will run the country on a financial basis so we are not all burdened with debt. This gives a current overview. http://www.nationaldebtclocks.org/debtclock/unitedkingdom We are having to pay £45 billion in interest a year, that's money that could have gone into the nhs and other areas if we hadn't spent beyond our means. In the end spending money now we haven't got means greater austerity in the future and spending now only delays the reality of the situation. Maybe I'm alone in this but I feel its completely wrong to burden future generations with our debt. This isn't an anti-labour post because labour's track record in government on national debt is as good as the conservatives if not better overall slightly. The issue is a left wing labour government and a right wing conservative government are both terrible for uk finances. The sensible position is in the middle. Thatcher was one of the most damaging prime ministers we ever had, sold off many public assets cheap, destroyed a huge part of our industrial base and still borrowed. Often conservatives have tax cuts we can't afford which is as irresponsible as spending money we haven't got. My point is Labour isn't safe to vote for when it moves to a left wing position as Corbyn represents and his shadow cabinet has no one of worth for financial guidance. It just seems an incredibly dangerous and high risk choice.
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With auterity our debt has gone up far more then when the wasn't austerity, this highlights that it was never about reducing debt but cutting costs for one class of people to benefit the pockets of a few at the top. We had cuts to disabled people and all yet the tax cuts for big businesses remained with the likes of Starbucks and Google even getting away with not paying any tax for years and this was with the so called mob worthy of finance. As someone who works in finance I'm going to tell you this the debts are never going to disappear because of the econmic system employed, they're always going to be there because of how banks and financial institutes operate.
I will give Corbyn his due as his plan and vision is coherant and want's to return some of what the Thatcher days got rid of.
